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Bears in Control Despite squeezing...>

EURO-YEN TECHS
EURO-YEN TECHS: Bears in Control
Despite squeezing back above 124.50, recovery efforts have so far lacked
momentum. This puts the focus back on the downside with bears targeting a break
of 124.00, before challenging the 50% retracement level & Jan 15 low at
123.54/40. Bulls need to recover the 125 level to bring the 50-dma back into
view at 125.32, above here opens a run at pivotal resistance & the Mar 22 high
at 125.95/126.18.

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